Reference no: EM133316869
Develop a strategic business plan for Walmart to determine the probability of success, and to prevent the company from expending valuable resources on a plan that was not properly designed. Share your strategic business plan with stakeholders to solicit their approval of your strategic business plan.
Include the following:
- An introduction with mission and vision statements.
- Core values, ethics, and social responsibility principles.
- An analysis of the company's:
- Internal environment (e.g. strengths and weaknesses related to resources, trademarks, patents, copyrights, or current processes).
- External environment (e.g. opportunities and threats related to market trends, economic trends, demographics, or regulations).
- An evaluation of the internal and external environment's impact on achieving the company strategy.
- A strategic objective for the company..
- Short- and long-term goals for achieving the company's strategic plan.
- Determination of methods for collecting data and measuring success of the strategic plan.